Business news

• Edward Snowden: I should be pardoned on moral grounds

  13-09-2016 23:48 via cnet.com
  
  The one-time NSA contractor is charged with violating the Espionage Act and other crimes.
  
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• SpaceX aims to resume launches in November, president says

  13-09-2016 23:44 via news.yahoo.com
  
  By Irene Klotz CAPE CANAVERAL, Fla. (Reuters) - SpaceX is aiming to resume flights in November following a launch pad fire that destroyed a Falcon 9 rocket and an Israeli communications satellite it was due to lift into orbit, the company’s president said on Tuesday. The space services company suspended Falcon 9 flights while it investigates why the rocket burst into flames on Sept 1 as it was being fueled for a routine prelaunch test at Cape Canaveral Air Force Station in Florida. A video
  
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• iPhone photos get image quality boost with new Lightroom app

  13-09-2016 23:42 via cnet.com
  
  With iOS 10 on Apple's newer mobile devices, Adobe lets you tweak and enhance images even more by shooting in raw photo formats.
  
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• Swift Playgrounds, el app para aprender código, llega al App Store

  13-09-2016 23:29 via cnet.com
  
  Junto con iOS 10, Apple publicó el app que enseña a cualquier persona a programar en el iPad sin la necesidad de conocimientos previos.
  
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• JetBlue CFO to retire after five years in role

  13-09-2016 23:29 via news.yahoo.com
  
  (Reuters) - JetBlue Airways Corp said on Tuesday that Chief Financial Officer Mark Powers would retire, effective Nov. 1.
  
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• IMF chief says she hopes Trudeau government's economic policies will 'go viral'

  13-09-2016 23:22 via cbc.ca
  
  International Monetary Fund managing director Christine Lagarde praised Prime Minister Justin Trudeau's economic policies and the Canada-European Union trade agreement during her first visit to Ottawa Tuesday.
  
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• Facebook loses bid to dismiss teen's revenge porn lawsuit

  13-09-2016 23:13 via cnet.com
  
  The social media giant must go to trial for allegedly failing to delete the 14-year-old's naked photos.
  
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• Exploding Samsung phone burns 6-year-old

  13-09-2016 23:09 via cnet.com
  
  A young boy is the latest victim of an overheating battery.
  
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• Boeing wins $700 million U.S. defense contract: Pentagon

  13-09-2016 23:09 via news.yahoo.com
  
  WASHINGTON (Reuters) - Boeing Co has been awarded a $700 million U.S. defense contract for Small Diameter Bomb Increment 1 weapons, the Pentagon said on Tuesday. (Reporting by Eric Beech; Editing by Mohammad Zargham)
  
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• U.S. household income posts record surge in 2015, poverty falls

  13-09-2016 22:42 via news.yahoo.com
  
  U.S. household income posted a record increase in 2015 after years of stagnation, suggesting the recovery from the Great Recession was finally lifting ordinary citizens who had been largely left behind. The Census Bureau said on Tuesday that median household income surged 5.2 percent last year to $56,500, the highest since 2007, in large part due to solid employment gains.     Trudi Renwick, an assistant division chief at the Census Bureau, said on a conference call with reporters
  
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• Drop in oil sends Wall Street sliding

  13-09-2016 22:31 via news.yahoo.com
  
  The selloff was broad, with all 10 major S&P 500 sectors in the red and every Dow Jones industrial average component except Apple declining. The energy index's 2.86-percent slide led declines as oil prices tumbled as much as 3 percent after both the IEA and OPEC said the global crude glut would persist. Three U.S. Federal Reserve officials on Monday took a dovish stance on interest rates, in contrast to more aggressive comments from other officials in the past two weeks.
  
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• Waze: Netherlands and France are the best countries to drive in

  13-09-2016 22:15 via cnet.com
  
  Driving and navigation app Waze released its 2016 satisfaction index, and ranks the best and worst places to drive in.
  
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• Wall Street falls; energy shares slammed

  13-09-2016 22:09 via news.yahoo.com
  
  NEW YORK (Reuters) - U.S. stocks fell more than 1 percent on Tuesday, with energy stocks slammed by lower oil prices and financials dropping on diminished prospects of a near-term rate hike.
  
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• Red Sox slugger David Ortiz debuts his snack-delivering drone

  13-09-2016 22:07 via cnet.com
  
  Technically Incorrect: Ortiz says the drone delivers his favorite jerky wherever he goes. Sadly, it's just an ad. Or is it?
  
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• Google will pay you $200,000 to hack a Nexus 6P and 5X

  13-09-2016 21:54 via cnet.com
  
  Google's Project Zero Security Contest will award three prizes for anyone who can break through its Nexus flagships.
  
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• Tech leaders: Here are six ways to take charge of your time

  13-09-2016 21:31 via techrepublic.com
  
  Don't let constant emails, notifications and interruptions get in the way. These time management tactics can help.
  
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• Popular websites fined $835,000 for tracking kids online

  13-09-2016 21:27 via cnet.com
  
  Sites owned by Viacom, Mattel, Hasbro and JumpStart tracked kids' online activity, violating the Children's Online Privacy Protection Act of 1998.
  
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• Marc Benioff to Silicon Valley: Stop being stingy

  13-09-2016 21:16 via cnet.com
  
  The tech industry has a lot of resources. The Salesforce CEO wants companies to get involved with their communities and do some good.
  
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• Insurance industry struggles with increasing costs of natural disasters

  13-09-2016 21:16 via cbc.ca
  
  Canada's insurance companies are grappling with an increase in environmental disasters and say property owners most at risk are likely going to have to pay more.
  
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• Apple's iOS 10 update freezes some iPhones -- including mine

  13-09-2016 21:11 via cnet.com
  
  Many users have issues updating the software over Wi-Fi and instead get error messages that the Phone may be factory reset. Apple now says the problem has been fixed.
  
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• U.S. judge denies Vivint request to advance SunEdison litigation

  13-09-2016 21:08 via news.yahoo.com
  
  Vivint filed a lawsuit earlier this year against SunEdison in Delaware Chancery Court after Vivint terminated its planned $2.2 billion merger with SunEdison. The lawsuit was automatically put on hold when SunEdison filed for bankruptcy protection in April. Vivint asked Judge Stuart Bernstein to allow the lawsuit to move forward so it could secure a judgment against SunEdison.
  
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• Ford's fully-autonomous vehicles will start out in ride-share, says CEO Mark Fields

  13-09-2016 21:06 via techrepublic.com
  
  At Further with Ford in Dearborn, MI, Ford CEO Mark Fields gives more details about Ford's plan to unveil no-driver-required vehicles in 2021.
  
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• Robert Downey Jr. teases fans with mysterious photo of 'new project'

  13-09-2016 21:05 via cnet.com
  
  What's cooking? We're guessing Marvel isn't making a movie about a chef with super powers, but all the elements are there.
  
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• See the harrowing moment when a fighter jet saves its unconscious pilot

  13-09-2016 20:52 via cnet.com
  
  A pilot passed out at the controls of a plane, but a smart guidance system saved the day by avoiding a ground collision.
  
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• Tumbling oil sends Wall Street into a slide

  13-09-2016 20:51 via news.yahoo.com
  
  The sell-off was broad, with all 10 major S&P 500 sectors in the red and every Dow Jones industrial average component but Apple declining. The energy index's 2.8 percent slide led declines as oil prices tumbled more than 2.5 percent after both the IEA and OPEC said the global crude glut would persist. The S&P financial index and KBW bank index both were down about 1.8 percent, with the bank index set to notch its steepest drop in more than two months.
  
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• These Earth-like planets may be better than Proxima b to look for E.T.

  13-09-2016 20:50 via cnet.com
  
  They're 10 times farther away than the closest possible exoplanet, but a trio of Earth-size planets might actually be the best candidates so far in the search for life beyond our solar system.
  
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• Popular websites fined $835,000 for tracking children's browsing activity

  13-09-2016 20:49 via cnet.com
  
  Sites owned by Viacom, Mattel, Hasbro and Jumpstart tracked kids' online activity, violating the Children's Online Privacy Protection Act of 1998.
  
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• Dakota Access CEO: Company committed to finishing project

  13-09-2016 20:25 via cbc.ca
  
  The head of a Texas company building the $3.8 billion Dakota Access pipeline told employees Tuesday that it is committed to the project despite strong opposition and a federal order to halt construction near an American Indian reservation in North Dakota.
  
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• Symantec looks to up the ante on SMB security with Endpoint Protection Cloud

  13-09-2016 20:16 via techrepublic.com
  
  A new security product from Symantec hopes to better secure small businesses against ransomware and other targeted cyberattacks.
  
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• Sprint, T-Mobile: iPhone 7 se vende mejor que el iPhone 6 en preventas

  13-09-2016 20:16 via cnet.com
  
  Durante el primer fin the semana de las preventas del nuevo celular de Apple los pedidos se cuadruplicaron frente a las ventas del dispositivo predecesor el año pasado, dijeron las operadoras rivales.
  
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• What do all of the critics think of the iPhone 7? (The 3:59, Ep. 105)

  13-09-2016 20:07 via cnet.com
  
  The iPhone 7 illicits a 'meh' from everyone but you're probably gonna buy it anyway.
  
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• Report: Unused enterprise software is costing businesses a fortune

  13-09-2016 20:00 via techrepublic.com
  
  As much as 38 percent of enterprise software is going to waste. That accounts for billions of dollars a year, and it's probably affecting you too.
  
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• Investors reluctant to back Monte Paschi's cash call

  13-09-2016 19:53 via news.yahoo.com
  
  By Simon Jessop and Maiya Keidan LONDON (Reuters) - Investors are reluctant to back Monte dei Paschi di Siena's bid to raise billions of euros, leading fund managers and a source with knowledge of the matter told Reuters, posing a huge challenge for a new CEO seeking to save the Italian bank. The lender, which is expected to name a new chief executive on Wednesday, must raise up to 5 billion euros ($5.6 billion) as part of an emergency rescue plan to stave off the risk of being wound down and a
  
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• Amazon's Alexa now knows over 3000 skills

  13-09-2016 19:49 via cnet.com
  
  Amazon's voice assistant continues to gain skills, including new ones for the Food Network and GE appliances.
  
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• U.S. poverty rate falls to 13.5 percent as median income rises: Census

  13-09-2016 19:23 via news.yahoo.com
  
  The median U.S. household income rose last year - the first annual increase since 2007 - helping to push down the number of people living in poverty to 43.1 million, federal government data released on Tuesday showed. About 29 million people did not have health insurance in 2015, down from 33 million in the previous year, the Census Bureau said in its 2015 Income, Poverty and Health Insurance Coverage and Supplemental Poverty Measure report. The poverty rate fell to 13.5 percent from 14.8 percen
  
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• Sony's PS4 update lets you experience HDR today

  13-09-2016 19:18 via cnet.com
  
  Latest software update for Sony's console lets you play games in HDR and adds PS4 Pro-specific streaming features.
  
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• See Jane Go takes men out of the ride-hailing equation

  13-09-2016 19:17 via cnet.com
  
  In response to reported sexual assaults allegedly carried out by Uber and Lyft drivers, a women-only ride service rolls onto the scene.
  
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• Short-seller Chanos calls Tesla-SolarCity merger 'crazy': CNBC conference

  13-09-2016 19:15 via news.yahoo.com
  
  The prominent short-seller Jim Chanos, founder of Kynikos Associates, called the proposed merger of Tesla Motors Inc and SolarCity Corp "crazy," noting that the combined company would need constant access to capital markets. Chanos said it would be the "height of folly" for Tesla shareholders to vote to bail out SolarCity, which he added has an "uneconomic" business model. "A lot of people aren't paying attention to the actual financial statements" of the companies and the risks for Tesla, Chano
  
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• iOS 10: Esto es todo lo que debes saber -- y hacer

  13-09-2016 19:13 via cnet.com
  
  iOS 10 ya está aquí. Te decimos qué hacer antes de correr a descargarlo.
  
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• Renault-Nissan is absolutely killing it in EV sales

  13-09-2016 19:10 via cnet.com
  
  The group has amassed 350,000 electric vehicle sales to date, most of which can be attributed to the Nissan Leaf.
  
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• Apple TV TVOS 10 now available, brings HomeKit and dark mode, but no single sign-on yet

  13-09-2016 19:10 via cnet.com
  
  The latest software free update to the Apple TV box, TVOS 10.0, is available today complete with smart home control, voice-powered category search for movies and more. The feature allowing easier TV app sign-in, however, is still MIA.
  
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• Wall Street slides over 1 percent, led by financials, energy stocks

  13-09-2016 19:00 via news.yahoo.com
  
  The sell off was broad, with all 10 major S&P 500 sectors in the red and every Dow component, besides Apple, also declining. The energy index's 2.6 percent slide led the decliners as oil prices tumbled more than 2.5 percent after both the IEA and OPEC said the global crude glut would persist. "Oil is acting as a barometer for the economy," said Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New Jersey.
  
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• Cyberlink PowerDirector 15 helps ease your 360 video editing woes

  13-09-2016 18:54 via cnet.com
  
  This full-featured suite includes several tools to combine and correct immersive clips, while its PhotoDirector 8 counterpart will have you using movies for all kinds of still shots.
  
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• Samsung pins explosive Galaxy Note 7 on battery flaw

  13-09-2016 18:44 via cnet.com
  
  The company believes a manufacturing error may be to blame for the overheating batteries, which have led to a massive recall of its flagship phone.
  
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• Beef could soon get cheaper at the butcher counter

  13-09-2016 18:43 via cbc.ca
  
  What some call 'the King of meats' might still fetch a King's ransom, but one analyst believes the first decline in the retail price of beef might signal a return to less lavish prices.
  
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• Massive meteorite extracted from hole in Argentina

  13-09-2016 18:34 via cnet.com
  
  One of the largest meteorites ever found got lifted from a watery resting place over the weekend.
  
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• Wells Fargo cutting sales goal in wake of hefty fine

  13-09-2016 18:25 via cbc.ca
  
  Wells Fargo announced plans Tuesday to cut its aggressive product sales goals for retail bankers, nearly a week after state and federal regulators fined the bank $185 million US for allegedly opening millions of unauthorized accounts for its customers to meet those targets.
  
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• Atlanta Fed's Lockhart to leave office in February 2017

  13-09-2016 18:17 via news.yahoo.com
  
  Atlanta Federal Reserve Bank president Dennis Lockhart will step down on Feb. 28 next year, the Atlanta Fed said on Tuesday, with a nationwide search planned for his replacement. Under Fed rules Lockhart, 69, will reach a mandatory retirement point after completing his 10th year as head of the bank. Lockhart has been considered a centrist voice at the Fed, with a career in private equity and investment banking and extensive overseas experience informing a market-oriented view of monetary policy.
  
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• Spotify rocks the vote with weekly blasts of election videos

  13-09-2016 18:12 via cnet.com
  
  The music service, touting 21 million US listeners under 35, has the attention of the largest voting demographic in the 2016 election. Spotify wants to use its sway to get young people to the polls.
  
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• Ford to kick out the jams with B&O Play-branded audio systems

  13-09-2016 18:07 via cnet.com
  
  The Blue Oval is once again wading into the branded high-end audio system waters, this time with B&O Play.
  
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